|
This section will address the potential benefits and the challenges your organization is facing in
implementing the new and proposed FAR requirements.
- Since December 2007, FAR Subpart 3.10 (Contractor Code of Business Ethics and Conduct) has required certain
contractors to set up and follow written codes of business ethics and conduct. The FAR allows for flexibility
and where appropriate, contractor discretion by providing certain exemptions for small businesses.
- As a follow-on, FAR Case 2007-006 was issued as a proposed rule in a November 2007 Federal Register to amend
the FAR to require that companies holding certain types of contracts disclose suspected violations of federal criminal
law in connection with the award or performance of contracts, or face suspension or debarment.
This case proposes several additional changes to the FAR requirements, including full cooperation with government
agencies responsible for audit, investigation, or corrective actions; and the requirement for a code of business
ethics and conduct, business ethics awareness and compliance programs, and internal control system to be
applicable to contracts performed outside the United States. See the proposed changes published in the Federal
Register at 72 Fed. Reg. 64019 (proposed Nov. 14, 2007) and 73 Fed. Reg. 28407 (proposed May 16, 2008).
|